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Re: mdimport post# 114458

Wednesday, 03/20/2019 4:03:40 PM

Wednesday, March 20, 2019 4:03:40 PM

Post# of 122973
All decent assumptions and hopefully it will hold at .01+ but with 10,000 for 1 I am not so certain we will see a bid to even support that price. Again, IMO, this wasn't a restructuring of the stock, it was a complete obliteration. Worse that the OS decreases 10000 to 1 and he only adjusted the AS at 200 for 1. that alone leaves pre-split shareholders with a further diluted investment before they even get the new shares they are worth less than pre split and they were pretty bad pre split.

The only way I see the post split shares holding any value is if Berge somehow found a way to rid the company of the convertible notes. I don't see how, but that would be at least a reason for him going to the extreme as he did.